Given the Following Range Readings for 25 Subgroups of Size

question 6

Short Answer

Given the following range readings for 25 subgroups of size four, determine the process capability. $\begin{array}{cc}\text { Subgroup } & \text { R } \\1 & 3.2 \\2 & 3.8 \\3 & 3.6\\⋅&⋅\square\\⋅&⋅\square\\⋅&⋅\\24 & 3.6 \\25 & 3.4\\&\square=90.0\end{array}$

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Definitions:

Year-end Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at the final day of the financial year.

Gross Profit

The financial performance metric that subtracts the cost of goods sold from total sales revenue.

Net Sales

The amount of revenue generated by a company after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Cost of Goods Sold

The specific expenses directly tied to the manufacturing of products sold by a business, such as costs for materials and labor.